National Savings Certificate Calculator

Find the maturity value of a National Savings Certificate (VIII Issue) at the current official rate.

Official rate effective 01.07.2026 to 30.09.2026 — rates are set by India Post and revised quarterly. Figures are estimates for general planning only — see the explanation below for this scheme's specific assumptions.

Deposit: ₹10,000 (69%)Interest: ₹4,490 (31%)

if you invest ₹10,000 in a National Savings Certificate at the current 7.7% rate, it matures to about ₹14,490 in 5 years — ₹4,490 in interest, compounded annually. Compare this against a 5 Year Time Deposit instead

What is a National Savings Certificate?

A fixed-term, fixed-rate certificate with a 5-year maturity — interest compounds annually and the entire maturity value (deposit plus all accumulated interest) is paid out as one lump sum at the end of the term. There’s no minimum age requirement and no maximum deposit limit, unlike several other schemes on this page.

What this simplifies

Interest earned each year (except the final year) is deemed to be reinvested for tax purposes under Section 80C, which affects your tax filing but not the maturity value itself — this calculator shows the actual amount you receive, not the tax treatment along the way.

Frequently asked questions

Is there a maximum deposit limit for NSC?

No — unlike SCSS, MIS, or MSSC, National Savings Certificate has no upper deposit limit, only a minimum of ₹1,000.

Common questions answered

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